In addition, please note that the discussion today will contain forward-looking statements that are subject to risks and uncertainties that may cause actual results to differ materially from those in our forward-looking statements. Potential risks and uncertainties include but are not limited to those outlined in our public findings with the SEC and the Hong Kong Stock Exchange. NOAA does not undertake any obligation to update any forward-looking statements, except as required under applicable law. With that, I would like to pass the call over to Mr. Yin. Thank you, Melo. Good morning, investors and analysts of NOAA. I will share with you the agenda of today's phone conference, which is a summary of the overall market situation and NOAA's business results in 2024. Next, we will talk about the performance of foreign and domestic business development strategies and division blocks. Finally, we will report on the plans for 2025. 2024 is a challenge for us, but it is also full of opportunities. The challenge is the low price of the customer investment hospital brought by the macroeconomic situation. The opportunity is due to the change of major organizations and businesses when the market is not good. Opportunity costs are relatively controllable. In 2024, we firmly promoted the change of the organization in the domestic sales team, and did the branching business fully according to the requirements of supervision. Noya Formation, Gefei Wealth, and Glory Insurance Economy have all

Mar 25, 2025 / receipt, needs a key / Mr. Yin, other | earnings call 2025-03-25 | transcript 2af4fe7e-72bc-452c-903d-a434828600e1 | chars 1894-3394 | segment 1